The board of directors of Yuanta Financial Holdings has approved a share buy-back plan, as follows:
Buyback period: July 16 to July 29, 2008.
Maximum share buyback: 300 million shares; 3.59% of outstanding shares
Price range: NT$14 to NT$20 per share
Maximum capital used: NT$6.0 billion
Share cancellation: All re-purchased shares will be cancelled within six months of buyback.

Background information:
After the merger between Yuanta and Fuhwa, the company held approximately 300 million treasury shares due to the stake Yuanta had in Fuhwa prior to the merger. The company's intention was to eventually cancel these treasury shares; however since the Financial Supervisory Commission did not allow such a cancellation, Yuanta sold the shares into the market during 1Q 2008.